The economic fight between the U.S. and China that has roiled financial markets over the last two years could next blossom into a full-blown war for investing capital and ultimately, for the prestige of the globe’s reserve currency, hedge fund magnate Ray Dalio said Thursday. The power struggle between the world’s two largest economies — in the form of a tit-for-tat trade war at present — may soon mushroom into a melee over the dollar’s longheld place as world’s preferred form of exchange, the Bridgewater Associates founder said. “There is a trade war, there is a technology war, there is a geopolitical war, and there ... (full story)